Current Events — HabitableZone

Current Events

Morgan Stanley Seems to Be A Bit Concerned

Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a "perfect storm" for consumers as the housing slump spreads.

In a report "Recession Coming" released today, the bank's US team said the credit crunch had started to inflict serious damage on US companies.


The full article is here:

Morgan Stanley issues full US recession alert

Going to be some interesting years ahead.

Art

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